Homes for sale - 2322-2324 Seidenberg Avenue, Key West, FL 33040

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Carlos Lorenzo

carlos@carloslorenzore.com +1(786) 251-4823

$ 2,300,000

Est. payment | -/mo

8 Beds

4 Baths

750 SqFt

Save

$ 2,300,000

Est. payment | -/mo

Save

8 Beds

4 Baths

750 SqFt

Key Details

Property Type Condo, Townhouse

Sub Type Residential - Condo/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $3,066

Subdivision Key West Realty Cos Sub (3.0)

MLS Listing ID 610098

Style Townhouse

Bedrooms 8

Full Baths 4

Construction Status CBS,Concrete

HOA Fees $1

HOA Y/N No

Rental Info Yes

Year Built 1963

Annual Tax Amount $3,690

Tax Year 2023

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Residential - Condo/Townhouse

Property Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.

Location

State FL

County Monroe

Community Midtown East

Area 03 - Key West

Zoning MDR-1 - Medium Desnity Residential

Rooms

Other Rooms Laundry Room

Interior

Interior Features Smoke Alarms

Flooring Terrazzo

Furnishings Unfurnished

Appliance Washer, Range, Refrigerator, Dryer

Exterior

Parking Features Off Street Parking

Utilities Available FKAA, Elect Separate Meter, Water Separate Meter, Community Swr Plant

Waterfront Description None

View No Waterview

Roof Type Metal Roof

Porch Open Porch/Balcony

Private Pool No

Building

Sewer Yes

Construction Status CBS,Concrete

Others

SqFt Source Property Data Card

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Updated/Remodeled

Pets Allowed No Pets Allowed

Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty

2322-2324 Seidenberg Avenue Key West, FL 33040